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Banking and Finance

Banking and Finance latest

Markaz records Total Revenue for 9M 2025 of KD 22.67 million
November 6th, 2025 - 04:48 GMT

Markaz records Total Revenue for 9M 2025 of KD 22.67 million

Kuwait Financial Centre “Markaz” (KSE: Markaz, Reuters: MARKZ.KW, Bloomberg: MARKAZ: KK) reported its financial results for 9M 2025 with Total Revenue of KD 22.67 million, as compared to Total Revenue of KD 14.92 million in 9M 2024. The Net Profit attributable to shareholders of Markaz was KD 9.58 million for 9M 2025, compared to KD 3.35 million in the same period last year, and earnings per share was 20 Fils for 9M-2025. Mr. Ali H. Khalil, Markaz’s CEO, stated: “Recent legislative and regulatory developments in Kuwait represent a significant step ...
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Thara’a offers account holders the chance to benefit from cash rewards up to QR1,000,000, a first for Islamic banks in Qatar.
January 28th, 2018 - 11:24 GMT

Barwa Bank Announces Grand Prize Winner of Thara’a Savings Account

Ala’a Eraiqat, Member of the Board and Group Chief Executive Officer
January 28th, 2018 - 10:53 GMT

Abu Dhabi Commercial Bank Announces Financial Report 2017

Arab Bank Group on Saturday reported 8 percent growth in net operating income for 2017.
January 28th, 2018 - 08:58 GMT

Jordan’s Arab Bank Reports 8 Percent Growth in Net Income in 2017

Abu Dhabi Commercial Bank (ADCB) today announced the promotion of Siddiqa Abbas as Group Chief Operating Officer, succeeding Jerry Möllenkramer. Congratulations!
January 25th, 2018 - 09:30 GMT

Abu Dhabi Commercial Bank Announces New Appointments

Citigroup Saudi Arabia recently held its inaugural board meeting in Riyadh.
January 24th, 2018 - 09:59 GMT

Citigroup Announces Launch of Operations in Saudi Arabia

QNB’s sponsorship of the 15th edition of DJWE stresses its keenness to highlight the bank’s brand during this leading event of its kind in the region.
January 23rd, 2018 - 12:46 GMT

QNB to Be Main Sponsor of 15th Edition of DJWE

QIB also won two more awards “Best Deal of the Year in Qatar” and the “Structuring Deal of the Year”.
January 23rd, 2018 - 12:43 GMT

QIB Receives IFN Award for Best Islamic Bank in Qatar

The IDB recently organized a forum in Washington in partnership with the World Bank on this subject.
January 23rd, 2018 - 09:35 GMT

Islamic Development Bank, World Bank Eye $1.9 Trillion Islamic Finance Market

Khalid Al Kayed, CEO of Bank Nizwa
January 23rd, 2018 - 09:09 GMT

Bank Nizwa Highlights Shari’a-Compliant Wholesale Banking Products to Companies in Muscat

National Bank of Kuwait (NBK) has reported a net profit of KD322.4 million for 2017, compared to KD295.2 million in 2016, an increase of 9.2 percent year-on-year.
January 23rd, 2018 - 06:00 GMT

NBK Reports Net Profit of KD322.4 Million for 2017, up 9 Percent

Winners will be announced at Zomato Restaurant Summit on 29 January 2018
January 22nd, 2018 - 10:43 GMT

Emirates NBD’s Bon Appetit Collaborates With Zomato on Restaurant Awards

Cornel Fourie, Head of Human Resources at Dubai Islamic Bank.
January 22nd, 2018 - 09:46 GMT

Dubai Islamic Bank Inspires Staff to Get ‘DIB Active’

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